Political Quotes

“I ask unanimous consent that the text of the bill be printed in the Record. There being no objection, the text of the bill was ordered to be printed in the Record, as follows: S. 98 Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE; FINDINGS. (a) Short Title.--This Act may be cited as the ``Balanced Budget Accountability Act''. (b) Findings.--Congress finds the following: (1) The Federal debt exceeds $19,000,000,000,000, continues to grow rapidly, and is larger than the size of the United States economy. (2) The Federal budget has shown an annual deficit in 47 of the last 52 years. (3) Deficits and the Federal debt threaten to shatter confidence in the Nation's economy, suppress job creation and economic growth, and leave future generations of Americans with a lower standard of living and fewer opportunities. (4) It is the duty of Members of Congress to develop and implement policies, including balancing the Federal budget, that encourage robust job creation and economic growth in the United States. (5) Members of Congress should be held accountable for failing to pass annual budgets that result in a balanced budget. SEC. 2. EFFECT OF FAILURE TO ADOPT RESOLUTION PROVIDING FOR BALANCED BUDGETS.…”